Henderson Far East Income (LON:HFEL) Sets New 12-Month High - Here's Why

Key Points

• Henderson Far East Income's shares hit a new **52-week high** at GBX 244.55 ($3.30) on Thursday, with a significant trading volume of **789,070 shares**.
• The stock is currently priced at **GBX 244** ($3.29), up from a previous close of **GBX 241** ($3.25), reflecting strong market interest.
• The firm focuses on providing high **dividends** and **capital appreciation** through investments in a diversified portfolio from the Asia Pacific region.

Shares of Henderson Far East Income (LON:HFEL - ) reached a new 52-week high on Thursday . The stock traded as high as GBX 244.55 ($3.30) and last traded at GBX 244 ($3.29), with a volume of 789070 shares traded. The stock had previously closed at GBX 241 ($3.25).

Henderson Far East Income Stock Performance

The firm's 50-day moving average is GBX 233.44 and its two-hundred day moving average is GBX 222.46. The stock has a market cap of £445.65 million, a P/E ratio of 2,045.26 and a beta of 0.60.

About Henderson Far East Income

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.

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